The 2023 data reveals Denmark leading European production of pneumatic and other continuous action elevators and conveyors, followed by Germany and Italy. Noticeably, while Denmark and Italy posted impressive year-on-year increases of 17.38% and 22.45%, Germany witnessed a slight decline of 0.94%. France experienced the most significant drop among major producers at -9.41%. Portugal and Ireland showcased remarkable growth rates, soaring by 53.56% and 59.3%, respectively. Over a five-year period, expect sluggish growth in traditional powerhouses but potential for emerging markets.
Future trends to monitor in 2024 include:
- Potential shifts in production leadership within established markets, like Germany and France, due to technological advancements or policy changes.
- Growth potential in evolving regions like Eastern Europe, influenced by regional industrial investments or European Union initiatives.
- Impact of sustainable and digital transformation on production practices across Europe.
Top countries in Sold Production of Pneumatic and Other Continuous Action Elevators and Conveyors, for Goods or Materials by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 718,250 | 2023 | +5.65% | +17.38% | View data |
| 2 | 2 Germany | 447,980 | 2023 | +1.94% | -0.94% | View data |
| 3 | 3 Italy | 224,200 | 2023 | +2.58% | +22.45% | View data |
| 4 | 4 Spain | 197,910 | 2023 | -0.28% | -0.47% | View data |
| 5 | 5 Netherlands | 52,150 | 2023 | +17.48% | +2.7% | View data |
| 6 | 6 France | 39,090 | 2023 | +7.5% | -9.41% | View data |
| 7 | 7 Czechia | 38,930 | 2023 | |||
| 8 | 8 Sweden | 31,810 | 2023 | -1.98% | -1.9% | View data |
| 9 | 9 United Kingdom | 28,540 | 2023 | +0.18% | -1.23% | View data |
| 10 | 10 Belgium | 27,950 | 2023 | +2.22% | +1.4% | View data |
